FG Receives Outline Business Case for Concession of $8.5m Truck Transit Park in Enugu

The federal government yesterday received the Outline Business Case Certificate (OBC) for the concessioning of Truck Transit Park, estimated to cost $8.5 million in Obollo Afor, Enugu State.

The move, government noted, is to reduce the menace of indiscriminate parking of tankers and trailers by drivers on Nigerian roads.

Receiving the OBC certificate from the Infrastructure Concession Regulatory Commission (ICRC) on behalf of government in Abuja, the Executive Secretary of Nigerian Shippers Council (NSC), Hassan Bello, while receiving the certificate, explained that the OBC signifies transparent advertisement for the expression of interest by investors.

He added that the bid process is expected to complete within a period of two month, after which the preferred bidder would be selected.

According to him, “The initial cost of the TTP in Oboloafor is $8.5million and would create about 3,154 jobs, disclosing that the Enugu State Government had provide 16.1hectares of land for the establishment of the TTP.

“The TTP was processed through the Economic Recovery Growth Plan (ERGP) focus labs and the 160 projects processed through the lab, the TTP accounted for seven and the project was rated four star on the scale of 1-5, adding that there has been a lot of response and its becoming a constituency project.”

He added that the establishment of the TTP must be an economic decision that would be led by the private sector while the federal government provides the enabling environment, saying they have collaborated with stakeholder’s collaboration from NURTW, RETEA, NARTO, NUPENG, such that they would own the project.